He sells more than one book per minute

He sells more than one book per minute

What happens when you are selling more than one book per minute, making you the largest online bookstore in the country?

If you are Flipkart.com, you expand by offering new services like cash-on-delivery.

Launched in October 2007, the online book seller so far has clocked sales of 500,000.

Chief executive officer Sachin Bansal quit his high-paying job at Amazon and along with fellow IITian, Binny Bansal, decided to launch a business of his own.

At the time the two were keen on starting a comparative price site, but consequent research showed that the venture lacked scope.

After much deliberation, the two scrapped the idea and instead decided to start an e-commerce website.

Today, they have 250 people working for them across three cities.

So far, the company has been targeting audiences with credit cards and debit cards. Aware that to increase sales and profitability, they would have to reach out, the two of them decided to start the cash-on-delivery service.

With this move, the company hopes students and other individuals who don't have cards will use its portal to buy books.

He sells more than one book per minute

What helped its cause was on-time delivery, which ensured a big fan base as well as repeat orders.

Flipkart.com has over 4 million titles listed; ranging across categories such as fiction, non-fiction, literature, educational, professional and technical, religion and philosophy, entertainment and so on.

The business runs on three major legs: The website where it gets orders, answers queries and so on; then comes the supplier side where it ties up with a host of book distributors; and finally the logistics part of the business comes into play where Flipkart.com proactively works with courier services.

Depending on the category, delivery can take anywhere from three days up to three weeks.